Wall Street Journal: Trump expresses displeasure with Mnuchin

Treasury Secretary Steve Mnuchin is the latest member of Donald Trump's Cabinet to be the focus of the Presi...

Posted: Nov 25, 2018 1:10 PM
Updated: Nov 25, 2018 1:10 PM

Treasury Secretary Steve Mnuchin is the latest member of Donald Trump's Cabinet to be the focus of the President's ire, the Wall Street Journal reported Friday, citing people familiar with the matter.

Trump is blaming Mnuchin for the recently volatile markets and the Federal Reserve's decisions to raise interest rates, those people told The Wall Street Journal.

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The Fed has been gradually raising rates for three years -- a move to restore levels following the financial crisis. However, Trump has been vocally opposed to the Fed's raises and has called the central bank his "biggest threat." People close to the White House told the Journal that Trump chose Jerome Powell to run the Fed in part on Mnuchin's recommendation.

According to The Wall Street Journal's report, Trump has been concerned that rising interest rates will stunt economic progress ahead of the 2020 election.

The paper also reported that Trump has blamed Mnuchin for the market's latest turbulence.

"If he's so good, why is this happening?" a person familiar with the matter told the Journal.

Trump, apparently responding to the report, publicly voiced support for Mnuchin on Twitter Friday evening.

"I am extremely happy and proud of the job being done by @USTreasury Secretary @StevenMnuchin1. The FAKE NEWS likes to write stories to the contrary, quoting phony sources or jealous people, but they aren't true. They never like to ask me for a quote b/c it would kill their story," Trump wrote.

The report comes as Trump has considered shuffling his Cabinet. CNN reported earlier this month that multiple sources inside and outside the Trump administration said that an all-but-certain shakeup is quietly underway at the White House. In particular, chief of staff John Kelly and Department of Homeland Security Secretary Kirstjen Nielsen could be replaced in the near future.

Trump acknowledged possible changes earlier this month.

"Administrations makes changes, usually, after midterms. And probably we'll be right in that category as well," Trump said at the time. "I think it's very customary."

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 307836

Reported Deaths: 7119
CountyCasesDeaths
DeSoto20784248
Hinds19894408
Harrison17493302
Rankin13316275
Jackson13099243
Madison9896210
Lee9859169
Jones8293160
Forrest7523146
Lauderdale7189237
Lowndes6265144
Lamar610784
Lafayette6028117
Washington5280132
Bolivar4770129
Oktibbeha455297
Panola4442103
Pearl River4420139
Warren4281118
Marshall4273100
Pontotoc416472
Monroe4057132
Union403775
Neshoba3988176
Lincoln3871108
Hancock372185
Leflore3468124
Sunflower329389
Tate322781
Pike3181104
Scott310572
Yazoo304368
Alcorn297764
Itawamba296876
Copiah293065
Coahoma289677
Simpson287484
Tippah284868
Prentiss275659
Marion265979
Wayne261341
Leake261173
Grenada254982
Covington254580
Adams245982
Newton244859
George237847
Winston225981
Tishomingo222067
Jasper219748
Attala213373
Chickasaw204857
Holmes186471
Clay182454
Stone179131
Clarke176876
Tallahatchie175540
Calhoun163230
Yalobusha158836
Smith158634
Walthall130543
Greene129433
Lawrence126323
Noxubee125933
Montgomery125542
Perry125138
Carroll120826
Amite120141
Webster113432
Jefferson Davis105432
Tunica102525
Claiborne101330
Benton97225
Kemper95226
Humphreys94332
Franklin81923
Quitman78916
Choctaw72817
Jefferson64828
Wilkinson64727
Sharkey49617
Issaquena1686
Unassigned00

Alabama Coronavirus Cases

Cases: 519071

Reported Deaths: 10712
CountyCasesDeaths
Jefferson754131487
Mobile37774798
Madison33868494
Tuscaloosa25283443
Montgomery23969565
Shelby23112238
Baldwin20638300
Lee15524165
Calhoun14286311
Morgan14140268
Etowah13664345
Marshall11957219
Houston10383278
Elmore9994200
Limestone9814147
Cullman9475188
St. Clair9429234
Lauderdale9218227
DeKalb8747181
Talladega8060171
Walker7092275
Jackson6755110
Autauga6727103
Blount6488135
Colbert6205130
Coffee5401112
Dale4768110
Russell428938
Franklin419982
Chilton4083109
Covington4053114
Tallapoosa3893146
Escambia388074
Dallas3527149
Chambers3500122
Clarke346360
Marion3066100
Pike305875
Lawrence295395
Winston272372
Bibb256458
Marengo248661
Geneva245875
Pickens232959
Barbour224955
Hale218775
Butler212366
Fayette208960
Henry187844
Cherokee182044
Randolph176941
Monroe171540
Washington164038
Macon154848
Clay149454
Crenshaw149357
Cleburne146041
Lamar139334
Lowndes136453
Wilcox124327
Bullock121340
Conecuh109028
Perry107926
Sumter102932
Coosa99328
Greene90734
Choctaw58724
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